Stryker, Wright Medical Settle Suit Over Knee Implant Website

Law360, New York (December 11, 2012, 4:49 PM EST) -- Orthopedic device maker Wright Medical Technology Inc. has settled rival Stryker Corp.’s suit accusing it of unfair competition and capitalizing on its trademarked knee replacement by launching a website based on the implant, according to a New Jersey federal judge’s dismissal order signed Monday.

Terms of the settlement weren’t disclosed in the order, which dismisses Stryker's claims without prejudice and states that the case could be reopened within 60 days if the settlement isn’t consummated.

Stryker and subsidiary Howmedica Osteonics Corp. sued Wright in September, claiming...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.